IFA Administration Team Leader

Lime Professional Services; Wakefield; On-site; GBP 40,000 - 60,000; Full time

Job summary

An Independent Financial Advisory firm in Wakefield is seeking an IFA Administration Team Leader. This role involves managing back-office administration staff and ensuring efficient office operations. Ideal candidates will have management experience in Financial Services, understanding of the advice sales process, and may possess a Level 4 Diploma in Financial Planning. A competitive salary and bonus structure is offered, with potential for contract extension or permanent placement.

Benefits

Good bonus upon contract completion

Competitive salary

Possibility of contract extension

Qualifications

• Management or team leading experience in Financial Services industry.
• Understanding of the Financial Advice sales process and commissions.
• Knowledge of systems migrations/upgrades advantageous.

Responsibilities

• Lead daily activities of Administration teams and motivate staff.
• Oversee recruitment and conduct performance reviews.
• Liaise with advisors and support production of analysis reports.
• Assist compliance officer to ensure standards are met.
• Suggest and implement business improvements.

Skills

Management experience

Team leadership

Financial Advice sales process

Communication

Education

Level 4 Diploma in Financial Planning

Tools

Intelligent Office

Job description

Overview

My client is an Independent Financial Advisory firm based in the Wakefield area, providing individual clients and businesses with Advice across Pensions, Investments, Retirement & Estate Planning.

We are urgently seeking an IFA Administration Team Leader, who will sit within the Administration function and primarily manage the companies back-office Administration staff and ensuring smooth efficient running of the office on a daily basis and coordination between Advisers, Paraplanners and Administrative staff.

Responsibilities

• Leading the day-to-day activities of the Administration teams, training and motivating the team to achieve objectives and promoting the health, safety and welfare of all team members
• Leading the recruitment and onboarding process and conducting performance reviews and appraisals in line with company objectives
• Using a Diary Management System to allocate and track incoming work across the Administration teams
• Liaising with advisors throughout the advice process and supporting the production of portfolio and fund analysis reports for advisor / client meetings
• Using platforms and liaising with product providers to obtain information about existing and potential investments, including the coordination of training on new products
• Assisting the compliance officer to ensure compliance standards are met throughout the financial services department
• Supporting the directors with project work in relation to improvements in business operations
• Suggesting and implementing improvements in business systems and processes, operational efficiency and team development

Candidate Requirements

• A candidate with some management or team leading experience coming from the Financial Services industry, ideally from within an Independent Financial Advisory sector, with a proven track record of managing a team and evidence of team development and progression
• A good understanding of the Financial Advice sales process, business submission process and the commissions and fee payment process
• Knowledge of Intelligent Office and/or involvement with systems migrations/upgrades would be advantageous
• Any additional Financial Services qualifications such as working towards or achieved a Level 4 Diploma in Financial Planning would be advantageous

A great salary is offered with this 1 year fixed term contract position, with a good Bonus to be paid at the end of the contract, with the possibility of it being extended or being made permanent